Tuesday, February 27, 2007

$110m to set up Kiryat Shmona “Biotech Valley”

Biotech is truly part of the global economy...

The planners believe that an industrial park will be set up with an initial 20 start-ups.
Gali Weinreb 26 Feb 07 16:51

The Ministry for the Development of the Negev and Galilee and the Ministry of Industry, Trade and Labor together with the United Joint Israel Appeal (UJIA), the United Israel Appeals Federations Canada , Sacta Rashi Foundation, the Jewish Colonization Association, and the Jewish Agency are due to invest $110 million in establishing “Biotech Valley” near Tel Hai College. “Globes” broke the storey about the joint venture between the college, Meytav Technological Enterprises Innovation Center Ltd. in Kiryat Shmona, and the MIGAL - Galilee Technology Center, which is intended to attract top-quality biomedical researchers to live and work in the Upper Galilee.

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